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Tax Services

A tax-related service provided by CPA firms such as Focus Accounting & CPA Firm is called tax service. A tax is a mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures ocus Accounting & CPA Firm provides complete tax solutions to keep you briefed and well-prepared about tax planning. Tax rules keep changing and becoming more complex with each passing year. We know the importance of dedicated tax planning and will help you understand a tax code that is layered with obstacles. We have comprehensive expertise and years of experience in tax compliance for corporations, partnerships, non-profits, estates, trusts, and individuals. Our dedicated team can complete year-end tax projections and year-round tax planning at the local, state, federal and international level. Our goal is to help you understand your individual situation so that we can provide complete tax solutions for you or your business.

Advance Tax Planning Strategies

When successful small businesses and entrepreneurs achieve a certain level of success they get hit with high taxes that threaten business growth and personal prosperity.

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Stock Based Compensation Tax Planning

When you sell your stocks after holding them for less than a year at a profit, you will be taxed at the rate equal to your income tax rate but when you sell them after holding them for more than a year, you will be taxed at 15%. Still a lot when you have gotten a huge chunk of stocks from your company as a compensation right?

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Cost Segregation Studies

Cost Segregation is the practice of identifying assets and their costs, and classifying those assets for federal tax purposes. For both new and existing properties, the IRS requires that engineering-based cost segregation studies be performed in order to realize the maximum depreciation benefits. Here at Focus, we help you achieve all this and more.

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Entity Selection and Restructuring

Your business entity has a large impact on your taxes and other liabilities. From your company’s inception through its growth and development, Focus Accounting & CPA, Inc. can advise you on choosing an entity type and later restructuring if advantageous.

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Individual Tax Preparation

What is the difference between DIYs done by Youtubers and DIYs done by you? They have professionals, you don’t. Similarly, there is a difference between tax preparation done by you and that done by expert CPAs and EA professionals.

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Corporate Income Tax

A corporate income tax is a direct tax imposed by a jurisdiction on the income or capital of corporations or analogous legal entities. The tax may have an alternative base, such as assets, payroll, or income computed in an alternative manner.

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Tax Resolution

Imagine this: it is that time of the year when the IRS is on the quest of collecting its taxes and you have to go through the fuss of discovering the amounts that you have to pay, and then you realize that your liabilities are more than what you expected.

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Foreign Bank Account Reporting (FBAR)

FBAR refers to FinCEN Form 114 (Report of Foreign Bank and Financial Accounts). Along with the regular tax filing requirements that everyone else must fulfill, individuals who hold financial accounts in foreign countries must submit additional reports to federal agencies.

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